Flexible Spending Accounts (FSAs) can offer you significant tax savings by allowing pre-tax dollars to be used to reimburse your eligible out-of-pocket medical care expenses. Our flex benefit programs allow you to set aside a portion of your income to pay for certain expenses not covered by your employee benefit plan on a pre-tax basis -- such as:
- Child care
- Non-benefited dental, vision and other specific medical expenses
- Non-benefited prescription drugs
- Medical and dental insurance deductibles and coinsurances
Ask your company's HR representative if FSAs are a part of your benefit plan options.
To help estimate how much to set aside annually to cover your FSA, click here.
Filing a flex spending claim is quick and easy -- here's how to do it.
Remember that some of these benefits may not be offered by your employer, so check your Summary Plan Description or ask your employer.